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107 Kingsgate Road

107 Kingsgate Road, Lake Oswego, OR 97035
Property in Oak Creek
Sold Oct 06, 2023
$680,000
$520,000 by United Wholesale Mortgage Llc
Mortgage Due Nov 01, 2053
Sold Apr 12, 2023
$375,000
Local assessors in Lake Oswego, OR have categorized 107 Kingsgate Road as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 4,002 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 107 Kingsgate Road has a total of 1,516 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of wood shake/ shingles. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 107 Kingsgate Road sold most recently in Oct 3, 2023 for a total of $680,000. If you work out the math, that's approximately a cost of $448.55 per sqft. Before that, the property was also sold for $375,000 in Apr 12, 2023. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,687 in taxes each year. 107 Kingsgate Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $295,447. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,002
  • Total Building Area: 1,516
  • Building Area: 1,516
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,516
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: V B 3
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2577 V B 3 LT 55

Ownership

  • Current Owner : ZHU DAYU
  • Current Owner 2: ZHANG YIHENG
  • Previous Owner : 10 7 KINGSGATE LLC
  • Owner Before Previous Owner: LOWE RHONDA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Lake Oswego School District 7J
  • Census Tract: 020304

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 655-J4
  • Account Number: 00219891
  • Parcel: 00219891
  • Block: 3
  • Lot: 55
  • Meridian: SEC 06 TWN 2S RNG 1E
  • Municipality: LAKE OSWEGO
  • Latitude: 45.4298
  • Longitude: -122.729

    Address

  • Full Address: 107 Kingsgate Rd
  • Address - House Number: 107
  • Address - Street Name: Kingsgate
  • Address - Suffix Type: Rd
  • State: OR
  • City Name: Lake Oswego
  • Carrier Code: C016
  • 4-Digit Zip Code: 1343
  • Zip Code: 97035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,687
  • Tax Rate Code Area: 007-021

    Appraisal Valuation

  • Standard Deviation: 0.0616
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 97
  • Final Value: 677,899
  • High Value: 719,672
  • Low Value: 636,127

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $520,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 06, 2023
  • First Open Lien Mortgage Loan Amount: $520,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $550,202
  • Market Land Value: $271,072
  • Market Improvement Value: $279,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,447

    Sales

  • Current Sale Contract Date: Oct 03, 2023
  • Current Sale Recording Date: Oct 06, 2023
  • Current Sale Transaction ID: 11914128475
  • Current Sale Price: $680,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 35981
  • Previous Sale Recording Date: Apr 12, 2023
  • Previous Sale Contract Date: Apr 12, 2023
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 06, 2023
  • First Mortgage Loan Amount: $520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

About Lake Oswego



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Frequently Asked Questions

What neighborhood is 107 Kingsgate Road located in?
The 107 Kingsgate Road is a located in the neighborhood of Oak Creek in Lake Oswego, Lake Oswego.
What is the average sales price for listings in 107 Kingsgate Road?
The average sales price for units in 107 Kingsgate Road is $0 currently.

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